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Property profile & analytics
OFF-MARKET Estimated value $520,000
Warehouses

817 1st St Ankeny, IA 50021-2058

6,000 SF 0.73 ac lot Built 1992
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US25-0246786
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1992
Construction STEEL FRAME
Total area 6,000 SF
Lot 0.73 ac (31,860 SF)
Zoning code C-2
APN 181/00681-001-003
UPID US25-0246786
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$715k
Comparable Approach Comparable
$720k
Blend (final) Blend
$520k
Owner & transaction history
MARGARET L JESTER I LLC
MARGARET L JESTER I LLC
Zoning & alternative use
C-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommod…

Zone name General Retail Highway Oriented And Central Business Commercial
General category COMMERCIAL
Zone area 1,447.00 ac
Top alternative use upside
Commercial (general) $860,000 +74.3%
Retail stores $700,000 +41.8%
Apartment house (5+ units) $680,000 +37.9%
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